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Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Comparative information regarding the Company’s overall revenues (in millions) by global and geographical markets for the second quarters and six months ended June 30, 2023 and 2022 is included in the following tables.
(in millions)Second quarter ended
June 30, 2023June 30, 2022
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$319.2 $21.7 $340.9 $231.4 $17.3 $248.7 
   Airframes- Commercial67.0 97.2 164.2 43.9 62.2 106.1 
   Defense50.0 51.7 101.7 40.7 40.9 81.6 
   Total Aerospace & Defense436.2 170.6 606.8 316.0 120.4 436.4 
Energy:
   Oil & Gas3.7 107.6 111.3 8.1 117.1 125.2 
   Specialty Energy29.9 38.3 68.2 31.5 43.6 75.1 
   Total Energy33.6 145.9 179.5 39.6 160.7 200.3 
Automotive6.0 46.8 52.8 2.3 73.2 75.5 
Construction/Mining11.0 37.4 48.4 7.9 32.0 39.9 
Medical24.3 17.6 41.9 16.8 22.7 39.5 
Electronics0.7 35.3 36.0 0.7 48.7 49.4 
Food Equipment & Appliances— 20.9 20.9 — 62.7 62.7 
Other15.3 44.4 59.7 12.8 43.0 55.8 
Total$527.1 $518.9 $1,046.0 $396.1 $563.4 $959.5 
(in millions)Six months ended
June 30, 2023June 30, 2022
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$601.7 $50.1 $651.8 $410.4 $34.9 $445.3 
   Airframes- Commercial138.0 196.1 334.1 81.1 118.7 199.8 
   Defense91.9 104.7 196.6 82.1 76.0 158.1 
   Total Aerospace & Defense831.6 350.9 1,182.5 573.6 229.6 803.2 
Energy:
   Oil & Gas6.1 232.7 238.8 25.2 203.1 228.3 
   Specialty Energy54.8 96.1 150.9 61.6 70.1 131.7 
   Total Energy60.9 328.8 389.7 86.8 273.2 360.0 
Automotive12.3 99.9 112.2 5.2 161.3 166.5 
Construction/Mining19.2 69.6 88.8 16.3 75.6 91.9 
Medical41.8 35.1 76.9 30.0 45.7 75.7 
Electronics1.2 69.2 70.4 1.2 99.8 101.0 
Food Equipment & Appliances— 42.4 42.4 — 96.7 96.7 
Other31.2 90.0 121.2 24.6 74.0 98.6 
Total$998.2 $1,085.9 $2,084.1 $737.7 $1,055.9 $1,793.6 
(in millions)Second quarter ended
June 30, 2023June 30, 2022
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$222.0 $346.3 $568.3 $179.8 $388.8 $568.6 
Europe207.8 43.6 251.4 135.0 48.8 183.8 
Asia51.0 103.5 154.5 50.5 104.4 154.9 
Canada16.6 13.3 29.9 12.7 11.7 24.4 
South America, Middle East and other29.7 12.2 41.9 18.1 9.7 27.8 
Total$527.1 $518.9 $1,046.0 $396.1 $563.4 $959.5 
(in millions)Six months ended
June 30, 2023June 30, 2022
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$418.5 $738.1 $1,156.6 $336.2 $710.1 $1,046.3 
Europe402.0 88.0 490.0 256.3 87.4 343.7 
Asia95.0 213.0 308.0 94.7 219.5 314.2 
Canada28.6 24.5 53.1 23.0 20.4 43.4 
South America, Middle East and other54.1 22.3 76.4 27.5 18.5 46.0 
Total$998.2 $1,085.9 $2,084.1 $737.7 $1,055.9 $1,793.6 
Comparative information regarding the Company’s major products based on their percentages of sales is included in the following table. Hot-Rolling and Processing Facility (HRPF) conversion service sales in the AA&S segment are excluded from this presentation.
Second quarter ended
June 30, 2023June 30, 2022
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys49 %55 %52 %48 %55 %52 %
     Precision forgings, castings and components33 %— %17 %35 %— %15 %
     Titanium and titanium-based alloys17 %11 %14 %17 %6 %11 %
     Precision rolled strip products1 %18 %9 %— %24 %14 %
     Zirconium and related alloys— %16 %8 %— %15 %8 %
Total100 %100 %100 %100 %100 %100 %
Six months ended
June 30, 2023June 30, 2022
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys47 %57 %52 %48 %54 %51 %
     Precision forgings, castings and components33 %— %16 %35 %— %15 %
     Titanium and titanium-based alloys19 %10 %14 %17 %6 %10 %
     Precision rolled strip products1 %18 %10 %— %26 %15 %
     Zirconium and related alloys— %15 %8 %— %14 %9 %
Total100 %100 %100 %100 %100 %100 %
Schedule of Accounts Receivable - Reserve for Doubtful Accounts
(in millions)
Accounts Receivable - Reserve for Doubtful AccountsJune 30,
2023		June 30,
2022
Balance as of beginning of fiscal year$7.7 $3.8 
Expense to increase the reserve0.2 0.4 
Write-off of uncollectible accounts(0.8)(0.3)
Balance as of period end$7.1 $3.9 
Schedule of Contract Assets and Liabilities
(in millions)
Contract Assets
Short-termJune 30,
2023		June 30,
2022
Balance as of beginning of fiscal year$64.1 $53.9 
Recognized in current year41.1 35.3 
Reclassified to accounts receivable(53.4)(34.9)
Balance as of period end$51.8 $54.3 
(in millions)
Contract Liabilities
Short-termJune 30,
2023		June 30,
2022
Balance as of beginning of fiscal year$149.1 $116.2 
Recognized in current year58.8 59.6 
Amounts in beginning balance reclassified to revenue(69.4)(54.9)
Current year amounts reclassified to revenue(22.9)(13.4)
Other(0.1)1.5 
Reclassification to/from long-term and contract asset22.3 16.7 
Balance as of period end$137.8 $125.7 
Long-term (a)June 30,
2023		June 30,
2022
Balance as of beginning of fiscal year$66.8 $84.4 
Recognized in current year0.9 7.5 
Reclassification to/from short-term(22.3)(16.7)
Balance as of period end$45.4 $75.2 
(a) Long-term contract liabilities are included in Other long-term liabilities on the consolidated balance sheets.